Shipping income definition

Shipping income means income that is derived from:
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Examples of Shipping income in a sentence

  • Shipping income attributable to transportation exclusively between non-U.S. ports is generally not subject to any U.S. Federal income tax.

  • Shipping income derived from sources outside the United States will not be subject to any United States federal income tax.

  • Shipping income attributable to transportation exclusively between non-United States ports is generally considered to be 100% derived from sources outside the United States.

  • For these purposes, 50% of shipping income that is attributable to transportation that begins or ends, but that does not both begin and end, in the United States constitutes income from sources within the United States, which we refer to as “United States-source shipping income.” Shipping income attributable to transportation that both begins and ends in the United States is generally considered to be 100% from sources within the United States.

  • Shipping income related to internet sales is included in net sales, and shipping expense is included in cost of sales.

  • Shipping income attributable to transportation that both begins and ends in the United States is generally considered to be 100% U.S. source shipping income.

  • Shipping income attributable to transportation exclusively between non-United States ports is generally not subject to United States income tax.

  • Shipping income attributable to transportation exclusively between non-U.S. ports is generally not subject to U.S. income tax.

  • Shipping income does not constitute Subpart F income provided that it is treated as services income and not as rental income (see the discussion above in Section E.3 above).

  • Coffee creamers $ Hydration and beverage enhancing supplements Harvest snacks and other food items Coffee, tea, and hot chocolate products Other Gross sales Shipping income Returns and discounts Sales, net $ E-commerce Wholesale Sales, net $ Balance Sheet and Cash Flow HighlightsThe Company had $11.9 million of cash and cash equivalents as of March 31, 2023, and no outstanding debt.

Related to Shipping income

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • net non-operating income means the difference between:

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • EBIT means earnings before interest and taxes.

  • Earnings Before Interest and Taxes means for any period the sum of (i) net income (or loss) of Borrowers on a Consolidated Basis for such period (excluding extraordinary gains and losses), plus (ii) all interest expense of Borrowers on a Consolidated Basis for such period, plus (iii) all charges against income of Borrowers on a Consolidated Basis for such period for federal, state and local taxes actually paid.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Net Profit means such profit as is calculated in accordance with paragraph 61;

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Disposable earnings means that part of the earnings of an

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • Depreciation means, for each fiscal year, an amount equal to the federal income tax depreciation, amortization, or other cost recovery deduction allowable with respect to an asset for such year, except that if the Carrying Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of such year or other period, Depreciation shall be an amount which bears the same ratio to such beginning Carrying Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such year bears to such beginning adjusted tax basis; provided, however, that if the federal income tax depreciation, amortization, or other cost recovery deduction for such year is zero, Depreciation shall be determined with reference to such beginning Carrying Value using any reasonable method selected by the General Partner.